WALDRIP, MELVIN GAS UNIT II

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAR GRASS (COTTON VALLEY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254049District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Oct 2009 – May 2026
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
200
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-12-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112010-01-21196620
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition222 bbl$10,842
GasProduction1,590,830 Mcf$6,195,105
Total$6,205,946

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.4601, -96.2260. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46014, -96.22600 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
14,420 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 14,420 ft.

Completions filed
Oct 2009
1 of 1 wells

1 well

42-16134419914,420 ftOct 2009

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (200)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

200 months

May 202601,974106.413.05$6,012
Apr 202601,98698.932.87$5,699
Mar 202602,12889.753.15$6,702
Feb 202601,87263.503.75$7,021
Jan 202602,10559.138.00$16,836
Dec 202502,08156.664.41$9,184
Nov 202502,13858.593.93$8,395
Oct 202502,72059.383.30$8,989
Sep 202502,21362.743.08$6,809
Aug 202502,32663.933.01$7,012
Jul 202502,31866.743.32$7,685
Jun 202502,23766.483.13$6,999
May 202502,37360.553.23$7,670
Apr 202501,98962.363.54$7,047
Mar 202502,51667.704.27$10,739
Feb 202502,20870.884.34$9,585
Jan 202502,46774.324.28$10,556
Dec 202402,53568.993.12$7,913
Nov 202402,38669.052.20$5,245
Oct 202402,52171.372.28$5,751
Sep 202402,36169.612.36$5,582
Aug 202402,57475.632.06$5,312
Jul 202422,64079.932.15$5,827
Jun 202402,93578.082.63$7,731
May 202402,55978.812.20$5,626
Apr 202403,22384.451.66$5,348
Mar 202401,47280.301.55$2,274
Feb 202403,99876.091.78$7,131
Jan 202402,47173.023.30$8,149
Dec 202303,02371.262.61$7,892
Nov 202324,59777.892.81$13,062
Oct 202322,95985.443.09$9,306
Sep 202322,42289.042.74$6,802
Aug 202322,65880.522.67$7,266
Jul 202322,43974.852.64$6,593
Jun 202342,38868.962.26$5,669
May 202332,62970.622.23$6,068
Apr 202332,50578.122.24$5,840
Mar 202332,51472.852.39$6,235
Feb 202312,21375.112.47$5,532
Jan 202322,85776.533.39$9,832
Dec 202243,38476.415.73$19,693
Nov 202222,65885.005.65$15,178
Oct 202212,87587.185.86$16,945
Sep 202212,71684.888.16$22,257
Aug 202223,37194.529.13$30,957
Jul 202203,936101.587.54$29,686
Jun 202204,157115.097.98$33,161
May 202203,201109.378.43$26,994
Apr 202203,070104.226.84$20,991
Mar 202203,224108.885.08$16,366
Feb 202202,85891.054.86$13,887
Jan 202203,11081.844.54$14,112
Dec 202103,27171.323.90$12,754
Nov 202103,14077.435.24$16,444
Oct 202103,44379.795.71$19,673
Sep 202103,43569.865.35$18,380
Aug 202103,34666.024.22$14,122
Jul 202104,03870.783.98$16,080
Jun 202103,67569.493.38$12,424
May 202104,69563.483.02$14,168
Apr 202103,60860.362.76$9,952
Mar 202103,72961.302.72$10,131
Feb 202102,54157.805.55$14,097
Jan 202103,60950.412.81$10,142
Dec 202003,62744.642.68$9,704
Nov 202003,43638.772.71$9,300
Oct 202003,67136.972.48$9,098
Sep 202003,46537.091.99$6,899
Aug 202003,62839.982.39$8,653
Jul 202003,68038.371.83$6,716
Jun 202003,56934.901.69$6,033
May 202003,62116.921.81$6,571
Apr 202003,52914.751.80$6,368
Mar 202003,60930.341.86$6,699
Feb 202003,50049.881.98$6,932
Jan 202003,80757.252.09$7,975
Dec 201903,49459.012.30$8,051
Nov 201903,38355.302.75$9,306
Oct 201903,50353.472.42$8,472
Sep 201913,47955.052.66$9,300
Aug 201913,61753.112.30$8,388
Jul 201913,65256.272.46$9,040
Jun 201913,56452.782.49$8,931
May 201913,81558.482.74$10,513
Apr 201923,71462.632.75$10,341
Mar 201933,79456.803.06$11,788
Feb 201933,47450.852.79$9,853
Jan 201963,91646.033.23$12,918
Dec 201823,95646.594.19$16,651
Nov 201813,88452.934.24$16,510
Oct 201843,99161.443.40$13,808
Sep 201834,05259.543.11$12,772
Aug 201813,87959.403.07$11,955
Jul 201813,38665.142.93$9,992
Jun 201813,33360.183.08$10,316
May 201813,49865.382.90$10,212
Apr 201813,58363.842.90$10,457
Mar 201833,94961.222.79$11,189
Feb 201813,91761.782.77$10,897
Jan 201814,06962.874.01$16,377
Dec 201714,04757.272.92$11,881
Nov 201714,16255.423.12$13,034
Oct 201714,08149.292.98$12,226
Sep 201724,42947.523.09$13,769
Aug 201724,63745.373.00$14,022
Jul 201714,36243.873.09$13,511
Jun 201764,88142.493.09$15,324
May 2017115,25645.373.26$17,652
Apr 2017145,27447.933.21$17,609
Mar 2017115,33246.772.98$16,423
Feb 201774,82350.452.95$14,594
Jan 201735,65849.413.42$19,492
Dec 201645,42848.763.72$20,403
Nov 201605,03442.492.64$13,312
Oct 201605,25646.193.09$16,242
Sep 201605,11241.553.10$15,850
Aug 201605,07541.442.92$14,841
Jul 201605,25041.622.92$15,353
Jun 201605,24245.352.69$14,079
May 201606,55942.521.99$13,059
Apr 201604,61636.561.99$9,191
Mar 201606,11633.011.79$10,972
Feb 201605,83226.472.06$12,035
Jan 2016745,93027.352.36$16,045
Dec 201506,20932.362.00$12,427
Nov 201506,13738.792.17$13,301
Oct 201506,40643.552.43$15,545
Sep 201506,10842.992.76$16,848
Aug 201506,49040.162.87$18,642
Jul 201506,52248.152.95$19,208
Jun 201506,41756.152.88$18,499
May 201506,64255.212.96$19,630
Apr 201506,50949.822.71$17,617
Mar 201506,85942.892.93$20,129
Feb 201506,24044.662.98$18,571
Jan 201507,01943.433.10$21,763
Dec 201407,07854.693.59$25,420
Nov 201406,95470.464.25$29,567
Oct 201407,82078.303.90$30,506
Sep 201407,80686.164.05$31,579
Aug 201407,98589.394.04$32,220
Jul 201408,13096.564.18$33,980
Jun 201408,22298.164.74$38,947
May 201408,35294.734.73$39,476
Apr 201408,20495.944.81$39,454
Mar 201408,59795.895.06$43,473
Feb 201407,62597.406.19$47,214
Jan 201408,68690.404.86$42,220
Dec 201309,01891.824.35$39,269
Nov 201308,85588.853.74$33,102
Oct 201309,28297.423.78$35,080
Sep 201309,147104.113.72$34,006
Aug 201309,713104.253.52$34,215
Jul 201309,876102.523.72$36,716
Jun 201309,74494.403.93$38,327
May 2013010,10394.834.15$41,918
Apr 201309,99493.964.28$42,800
Mar 2013010,40893.623.91$40,725
Feb 201309,78191.233.42$33,450
Jan 2013011,20891.603.42$38,330
Dec 2012011,20686.773.42$38,326
Nov 2012011,43286.953.62$41,441
Oct 2012011,79689.383.40$40,103
Sep 2012011,84694.672.92$34,571
Aug 2012012,53592.662.91$36,454
Jul 2012012,48785.133.02$37,721
Jun 2012012,64779.822.52$31,858
May 2012012,21591.612.49$30,395
Apr 2012012,408101.652.00$24,776
Mar 2012113,347105.052.22$29,763
Feb 2012011,129101.102.57$28,604
Jan 2012012,82198.092.73$35,054
Dec 2011012,55896.873.24$40,685
Nov 2011113,92495.723.31$46,202
Oct 2011014,52084.983.65$52,977
Sep 2011014,64383.623.99$58,364
Aug 2011014,22283.404.15$59,012
Jul 2011015,72794.144.52$71,043
Jun 2011017,50192.904.64$81,203
May 2011019,53998.134.40$86,066
Apr 2011020,025105.964.33$86,774
Mar 2011121,92496.364.06$89,049
Feb 2011120,90185.644.18$87,451
Jan 2011125,59086.504.59$117,513
Dec 2010029,24685.734.35$127,154
Nov 2010025,62280.843.80$97,244
Oct 2010018,61678.103.51$65,322
Sep 2010020,18772.633.98$80,334
Aug 2010022,51473.684.42$99,497
Jul 2010025,02872.554.74$118,545
Jun 2010026,56370.364.91$130,435
May 2010030,50671.124.24$129,200
Apr 2010033,82281.694.12$139,438
Mar 2010039,80078.394.39$174,669
Feb 2010238,03873.585.44$207,164
Jan 2010056,95574.365.96$339,685
Dec 2009088,06771.445.48$482,937
Nov 2009047,82374.593.75$179,408
Oct 200902,89872.544.11$11,912

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,974 Mcf  × $  3.05 =     $6,012

────────────────────────────────────────────────────
Month total                                   $6,012

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 05/G/254049 is the state's own key, not one this site invented.